Business Studies, asked by muralisofiya123, 1 month ago

1) Complete the word web identifying the factors involved in the production of shoes, Factors of production

Attachments:

Answers

Answered by Anonymous

Answer:

All businesses, both for-profit and nonprofit, need resources in order to operate. Simply put, resources are the inputs used to produce outputs (goods and/or services). Resources are also called factors of production. What makes something a resource? For one thing, it needs to be productive.

The following video will give you an overview of what economists mean when they talk about resources or factors of production.

Explanation:

hope it helps

Previous Question

Next Question

Similar questions

Physics, 18 days ago

A student has difficulty reading the blackboard while sitting in the last row. What could be the defect the child is suffering from? How can it be corrected?

English, 18 days ago

Baldwin contends that Black English is a separate language from American English, because _____. A.it is the product of the black American fight for survival, which is how all languages develop B. the African American people do not want to be identified with whites in any way C. its linguistic elements are fundamentally different, just like Russian or Chinese D. none of the above D is wrong...

English, 18 days ago

The Eagle He clasps the crag with crooked hands, Close to the sun in lonely lands, Ring’d with the azure world he stands. The wrinkled sea beneath him crawls, He watches from his mountain walls, And like a thunderbolt, he falls. Answer the following questions: 1. In no more than thirty words, state what the poem, The Eagle, is about.